Indian exporters can now receive overseas payments via simple payment links, bypassing traditional bank wires

Razorpay introduces a streamlined solution enabling Indian businesses to collect international payments using hosted links, enhancing speed, compliance, and professionalism amidst a shift towards digital collections.

Indian businesses that sell services to clients overseas no longer need to rely on slow bank wires or a full checkout build to get paid. Razorpay’s guidance says a payment link can let a foreign client settle an invoice in their own currency, while the Indian business receives rupees straight into a local bank account, with the platform handling conversion and documentation. The pitch is simple: faster settlement, less friction and a cleaner paper trail for exporters that need to stay on top of FEMA, GST and RBI rules.

The appeal is not just convenience. Traditional SWIFT transfers can add flat fees, exchange-rate spreads and several days of waiting, while the client is left dealing with banking details that feel cumbersome and outdated. Razorpay argues that a hosted payment link looks more professional to overseas customers, particularly for freelancers, agencies and consultancies that do not want to build and maintain a full gateway integration just to collect occasional foreign invoices.

That argument sits within a broader shift towards digital collections. Razorpay points to the dominance of digital payments in India and the growing acceptance of cross-border payment rails, while its wider pricing guidance says the true cost of international collection usually comes down to the stated processing fee plus the foreign-exchange spread. The company also notes that GST applies to the gateway fee, which can materially change the all-in cost on a foreign invoice.

For exporters, compliance is the other half of the story. Razorpay says each payment should be tied to the correct RBI purpose code, with the relevant code flowing into the electronic foreign inward remittance certificate, or eFIRC. The company also says service exports are zero-rated under GST only if the business has filed a Letter of Undertaking, and that businesses should keep the invoice, transaction confirmation, eFIRC and bank credit record together as a complete audit trail.

The practical workflow is straightforward. A business logs into its dashboard, enables international payments where required, selects the currency, sets the amount, adds a description and shares the link by email or messaging app. The client pays on a hosted page using a card or, depending on the platform, local bank rails or digital wallets, while the Indian business receives rupees after settlement. Razorpay says this model can work without a website, without custom code and without a foreign bank account.

The product choice depends on how a business bills. Razorpay’s own guidance distinguishes between one-off payment links, fixed payment pages and full gateway integrations for higher-volume merchants. It presents payment links as the most useful option for milestone invoices, retainers that vary from month to month and smaller exporters that want a quick way to collect overseas payments without committing to a larger technical build.